I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!

Click to email CW8888 or Email ID : jacobng1@gmail.com



Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down



Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Tuesday, 6 June 2017

You Love Your Job But Your Company Doesn't!!!


Uncle8888 was busy looking out for stalls that have queue and see what are they selling  at food centre; and suddenly he heard someone calling out loud his IC Name.

 Walau!

 Nowadays; he often hears people calling him Uncle, Jacob or Uncle Jacob; but calling by IC name is getting uncommon.

 Uncle8888 has even changed his Whatapps profile to replace his previous working name.

 He went over to chat with his two ex-ex-ex colleagues who are about his same age group in their 60s. Later; he came to know both of them have been retrenched as their department was outsourced. It was their last week with the company!

 No wonder, it was already 1.43 pm and they were still at food court lim kopi and chatting.
What is the moral of story?

 You can love your job; but your company doesn't. Get it?
Posted by Createwealth8888 at 08:07
Labels:

5 comments:

  1. Singapore Man of Leisure6 June 2017 at 13:42:00 GMT+8

    CW,

    There are "lucky" souls out there who worked in one job all their lives, never been retrenched, never got ice storaged...

    Year after year got regular salary increments, every few years got promotion like clockwork.

    The "success" story of study hard, work hard.


    If they don't have the blood/ambition in them to be their own bosses, these people are happy just to EARN and SAVE.

    Financail freedom to retire early has no appeal to these people ;)





    ReplyDelete
    Replies
    1. Steals Free6 June 2017 at 19:06:00 GMT+8

      "Financial freedom" is being boosted like magic pills nowadays...

      Is financial freedom a stage of life or it should be just a stage of mind?

      Delete
  2. Spur6 June 2017 at 13:59:00 GMT+8

    Actually your 2 ex-colleagues very good already, being retrenched in their 60s. Just view it as mandatory retirement hit a few months earlier. Plus get a little bit of retrenchment benefits --- better than none if mandatory retirement at 62. So you got welcome them into the KLKK group? Hahahaha!!

    But seriously, the writing has been on the wall for many years liao. In today's environment, unless you're in an elite profession or secured upper mgmt positions in elite organisations, most people's prime working years are limited to 20-25 years only. I think schools should start teaching people how to live a lifetime on only 20-25 years of prime earning years. Hohohoho!!!

    ReplyDelete
    Replies
    1. Createwealth88886 June 2017 at 17:57:00 GMT+8

      This two are lucky.

      As it is the whole department being retrenched; those younger ones in their 50s or 40s with mortgages are not that lucky. Under current situation; it is very tough to find replacement job. No more like becoming taxi drivers or property agents in those earlier generation of retrenchment folks when they can't find replacement after some time.

      Delete
    2. Lizardo7 June 2017 at 21:19:00 GMT+8

      Uber maybe?

      Delete

Subscribe to: Post Comments (Atom)
Related Posts with Thumbnails